Budgeting

studentaid.gov This is your one-stop-shop for everything related to the Direct Loan Program and federal student loans.

FAFSA4caster allows you to get an early start on the financial aid process and receive an early estimate of eligibility for federal student aid. When you’re ready to apply for aid, much of the information that you enter in the FAFSA4caster will populate your FAFSA on the Web application, making the experience of applying for federal student aid a lot easier. You can find FAFSA4caster by visiting studentaid.gov, and clicking on the appropriate box under "Thinking About College?"

There are federal tax credits available for parents (and students) who are saving (or paying) for college. For more information about federal tax benefits, visit IRS Videos, a series of short videos via YouTube. Expenses for course materials may now also qualify you for a tax credit visit American Opportunity Tax Credit for more information

General Tax Questions

The IRS website provides answers to general questions, such as, "Do I need to file a federal tax return?" or "What is my tax filing status?"

Useful IRS Publications

Publication 17, Your Federal Income Tax

This publication covers the general rules for filing a federal income tax return. It supplements the information contained in your tax form instruction booklet. It explains the tax law to make sure you pay only the tax you owe and no more.

Publication 970 -Tax Benefits for Education

Other Useful Websites

Federal Student Aid The U.S. Department of Education provides free information on applying for federal financial aid, information on the federal financial aid programs, loan repayment and many useful publications in English and Spanish.

LMU Parent Pride Parent Pride is LMU's online community for parents of first-year students. On Parent Pride, parents can find resources, share advice and make friends with other LMU parents.

WebGrants for students Find answers to questions such as; What is the status of my Cal Grant Application? I received a Cal Grant, but I have decided to attend a different school than when I applied, what do I do?

Aid for Military families For information from the U.S. Department of Education for veterans, future military personnel, active-duty personnel, or those related to veterans or active-duty personnel.

External links disclaimer

Loyola Marymount University web site contains links to other web sites which are independently run sites outside of the lmu.edu domain. Loyola Marymount University is not responsible for the privacy practices, activities, or content of such independent sites. Any links to external web sites and/or non-Loyola Marymount University information provided on university pages or returned from university web search engines are provided as a courtesy. They should not be construed as an endorsement by Loyola Marymount University of the content or views of the linked materials. The materials on these independent sites are the opinion of the specified author(s) and are not statements of advice, opinion, support or information of Loyola Marymount University.